1) Knowledge and understanding ability To develop a general understanding of the accounting information; To develop a general understanding of costs behaviour for planning, controlling and decision making processes. To analyse the competitive structure of industries and to accordingly develop corporate strategies. 2) Capability to apply knowledge and understanding The course will provide the conceptual tools to face with method and critical approach the complex and dynamic reality of a corporation from the accounting, economic, and organizational point of view. Several examples and exercises will be presented in class to apply theoretical concepts and tools. 3) Capability to approach the subject in a critical manner Students will be able to elaborate a personal reflection on the economic dynamics in the sector of their interest. 4) Communication abilities The dialogue with the professor and among them will allow students to develop interaction and communication capabilities. Exercises will be discussed in class in order to enhance students’ participation 5) Learning ability Through individual activities and study the course aims to develop the self-learning abilities of the students.

none

PART 1 – FINANCIAL and MANAGERIAL ACCOUNTING FOR DECISION MAKING (33 hrs) • Introduction to the course. Syllabus and Schedule. Introduction to accounting • Financial accounting and Financial statements: Balance sheet, income statement, statement of changes in owners' equity, statement of cash flows - exercises • From transactions to financial statements: The bookkeeping process and transaction analysis - exercises • From transactions to financial statements: the ending adjustments - exercises • Financial statement analysis - exercises • Managerial accounting and cost-volume-profit relationships - exercises • Cost accounting and relevant costs for decision making purposes - exercises • Cost analysis for planning: budgeting - exercises • Cost control - exercises PART 2 – ECONOMICS, STRATEGY and ORGANIZATION (27 hrs) • Introduction to the second part. Economics basic principles. • The horizontal boundaries of the Firm. • The Vertical Boundaries of the Firm. • Market and competitive analysis • Industry analysis. • Strategic positioning for Competitive advantage. • Sustaining Competitive Advantage. • Strategy and structure. • Environment, power and culture.

The course syllabus, structure and exam will not change if it will be offered on line. The course syllabus, structure and the exam will be the same for attending and non-attending students.

The course will include both theory and exercises. The first part of each lesson will present the theoretical concept, while the second part will be addressed to exercises solutions. The course will include the use of Power point presentations and exercises with solutions which will be provided on line at the end of each lesson.

PART 1: Marshall, McManus, Viele. Accounting. What numbers mean. McGrawHill – 9th edition (selected chapters) PART2: Besanko, D., Dranove, D., Shanley, M. and S. Schaefer. (2012). Economics of Strategy. 6th Edition. Wiley. (selected chapters)

Exam: Written test;

The exam tests: • the knowledge and the understanding of the models and the concepts presented in the lectures; • the capability of using models and concepts to analyse, and deal with, economic and organizational problems. The exam is a written test of both theoretical understanding and problem solving capability. Specifically, the test will include: • 10 Questions with multiple choice or True/ false questions (up to 20/30 points) • Questions with open reply requiring short essays or short exercises (up to 10/30 points). The exam is "closed-book". Duration: 60 minutes.

In addition to the message sent by the online system, students with disabilities or Specific Learning Disorders (SLD) are invited to directly inform the professor in charge of the course about the special arrangements for the exam that have been agreed with the Special Needs Unit. The professor has to be informed at least one week before the beginning of the examination session in order to provide students with the most suitable arrangements for each specific type of exam.

Exam: Paper-based written test with video surveillance of the teaching staff;

The exam tests: • the knowledge and the understanding of the models and the concepts presented in the lectures; • the capability of using models and concepts to analyse, and deal with, economic and organizational problems. The exam is a written test of both theoretical understanding and problem solving capability. Specifically, the test will include: • 10 Questions with multiple choice or True/ false questions (up to 20/30 points) • Questions with open reply requiring short essays or short exercises (up to 10/30 points). The exam is "closed-book". Duration: 60 minutes.

Exam: Written test; Paper-based written test with video surveillance of the teaching staff;

The exam tests: • the knowledge and the understanding of the models and the concepts presented in the lectures; • the capability of using models and concepts to analyse, and deal with, economic and organizational problems. The exam is a written test of both theoretical understanding and problem solving capability. Specifically, the test will include: • 10 Questions with multiple choice or True/ false questions (up to 20/30 points) • Questions with open reply requiring short essays or short exercises (up to 10/30 points). The exam is "closed-book". Duration: 60 minutes. The exam will not change if it will be offered on line.